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Business information - Take acceptable risks

Non-payment risk prevention begins with gathering relevant and up-to-date information on buyers and their environment. The analysis of this information helps with decision-making and prevents non-payment. 
Business information - Take acceptable risks
Delivering a valuable solution…
An Austrian automotive supplier purchases precision parts from a number of Italian SMEs for the new hybrid injection engines of a leading German auto manufacturer. Any failure on the part of its suppliers would jeopardise this key contract for its business.
 
Coface provides the automotive supplier with summarised and straightforward information on each of its suppliers, prepared by Coface’s experts in the form of reports that are updated several times each year.
 
On the strength of this information, the automotive supplier decides to review its portfolio of three suppliers. It agrees to higher volumes with two of them and scales back its contract with the third. According to the Coface report, the latter’s equity capital would have made it difficult to implement the capital expenditure needed in this sector in order to move up to the next technological level.

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